SR Bancorp (SRBK) Stock Price, News & Analysis

Company Overview

SR Bancorp, Inc. operates as the holding company for Somerset Regal Bank that provides customary retail and commercial banking services to individuals, businesses, and local municipalities in the communities of Somerset, Middlesex, Hunterdon, and Essex counties in New Jersey. It offers deposit instruments, including noninterest-bearing demand deposits, interest-bearing demand accounts, savings accounts, money market accounts, and certificates of deposit. The company also provides loans comprising one- to four family-residential mortgage loans, home equity loans and lines of credit, unsecured personal loans, and rehabilitation loans; and bill payment services. In addition, it is involved in the investment activities. The company was founded in 1887 and is headquartered in Bound Brook, New Jersey.

Key Stats

• Today's Range: $10.90 to $11.05
• 50-Day Range: $9.85 to $11.22
• 52-Week Range: $8.03 to $11.24
• Volume: 16,371 shs
• Average Volume: 21,920 shs
• Market Capitalization: $102.66 million
• P/E Ratio: 90.92
• Dividend Yield: N/A
• Price Target: N/A
• Consensus Rating: N/A

SR Bancorp Stock Analysis - MarketRank™

SR Bancorp scored higher than 18% of companies evaluated by MarketBeat, and ranked 883rd out of 949 stocks in the finance sector. Scores are calculated by averaging available category scores, with extra weight given to analysis and valuation.

Analyst's Opinion

• Score: N/A
• Analyst Rating: N/A

Consensus Rating

There is not enough analysis data for SR Bancorp.

Earnings and Valuation

• Score: 1.3 / 5
• Proj. Earnings Growth: N/A

Price to Earnings Ratio vs. the Market

The P/E ratio of SR Bancorp is 90.92, which means that it is trading at a less expensive P/E ratio than the market average P/E ratio of about 128.20.

Price to Earnings Ratio vs. Sector

The P/E ratio of SR Bancorp is 90.92, which means that it is trading at a more expensive P/E ratio than the Finance sector average P/E ratio of about 42.57.

Price to Book Value per Share Ratio

SR Bancorp has a P/B Ratio of 0.52. P/B Ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities.

Short Interest

• Score: 3.0 / 5
• Short Interest Level: Healthy

Percentage of Shares Shorted

0.44% of the float of SR Bancorp has been sold short.

Short Interest Ratio / Days to Cover

SR Bancorp has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SR Bancorp has recently increased by 36.43%, indicating that investor sentiment is decreasing significantly.

Dividend

• Score: 0.0 / 5
• Dividend Strength: N/A

Dividend Yield

SR Bancorp does not currently pay a dividend.

Dividend Growth

SR Bancorp does not have a long track record of dividend growth.

Sustainability and ESG

• Score: N/A
• Environmental Score: N/A

Percentage of Shares Shorted

0.44% of the float of SR Bancorp has been sold short.

Short Interest Ratio / Days to Cover

SR Bancorp has a short interest ratio ("days to cover") of 0.9, which is generally considered an acceptable ratio of short interest to trading volume.

Change versus previous month

Short interest in SR Bancorp has recently increased by 36.43%, indicating that investor sentiment is decreasing significantly.

News and Social Media

• Score: 1.1 / 5
• News Sentiment: -0.11

News Sentiment

SR Bancorp has a news sentiment score of -0.11. This score is calculated as an average of sentiment of articles about the company over the last seven days and ranges from 2 (good news) to -2 (bad news). This is a lower news sentiment than the 0.59 average news sentiment score of Finance companies.

News Coverage This Week

MarketBeat has tracked 10 news articles for SR Bancorp this week, compared to 0 articles on an average week.

Company Ownership

• Score: 1.7 / 5
• Insider Trading: Acquiring Shares

Insider Buying vs. Insider Selling

In the past three months, SR Bancorp insiders have bought more of their company's stock than they have sold. Specifically, they have bought $189,360.00 in company stock and sold $0.00 in company stock.

Percentage Held by Insiders

Only 3.60% of the stock of SR Bancorp is held by insiders.

Percentage Held by Institutions

Only 24.70% of the stock of SR Bancorp is held by institutions.

SRBK Stock Analysis - Frequently Asked Questions

How have SRBK shares performed this year?

SR Bancorp's stock was trading at $9.56 at the start of the year. Since then, SRBK stock has increased by 14.1% and is now trading at $10.91.
View the best growth stocks for 2024 here.

When did SR Bancorp IPO?

SR Bancorp (SRBK) raised $91 million in an initial public offering (IPO) on Wednesday, September 20th 2023. The company issued 9,055,172 shares at a price of $10.00 per share.

Who are SR Bancorp's major shareholders?

SR Bancorp's top institutional shareholders include SeaCrest Wealth Management LLC (0.40%) and Benin Management CORP (0.35%). Insiders that own company stock include David M Orbach, William P Taylor, Thomas Lupo, Mary E Davey, Christopher J Pribula and Marc Lebovitz.
View institutional ownership trends.

How do I buy shares of SR Bancorp?

Shares of SRBK stock can be purchased through any online brokerage account. Popular online brokerages with access to the U.S. stock market include Charles Schwab, E*TRADE, Fidelity, and Vanguard Brokerage Services.
Compare Top Brokerages Here.

What other stocks do shareholders of SR Bancorp own?

Based on aggregate information from My MarketBeat watchlists, some other companies that SR Bancorp investors own include AutoZone (AZO), Intel (INTC), TJX Companies (TJX), Abacus Health Products (ABAHF), Avino Silver & Gold Mines (ASM), Avino Silver & Gold Mines (ASM) and Bank of America (BAC).

Company Calendar

• Today: 11/02/2024
• Next Earnings (Estimated): 2/12/2025
• Fiscal Year End: 6/30/2025

Industry, Sector and Symbol

• Stock Exchange: NASDAQ
• Sector: Finance
• Industry: Savings institutions, except federal
• Sub-Industry: Banking
• Current Symbol: NASDAQ:SRBK
• Previous Symbol: NASDAQ:SRBK
• CUSIP: N/A
• CIK: 1951276
• Web: www.somersetsavings.com
• Phone: 732-560-1700
• Fax: N/A
• Employees: 65
• Year Founded: N/A

Profitability

• EPS (Most Recent Fiscal Year): $0.12
• Trailing P/E Ratio: 90.92
• Forward P/E Ratio: N/A
• P/E Growth: N/A
• Net Income: $-10,860,000.00
• Net Margins: 2.25%
• Pretax Margin: -30.67%
• Return on Equity: 0.50%
• Return on Assets: 0.10%

Debt

• Debt-to-Equity Ratio: N/A
• Current Ratio: 0.97
• Quick Ratio: 0.97

Sales & Book Value

• Annual Sales: $38.38 million
• Price / Sales: 2.67
• Cash Flow: N/A
• Price / Cash Flow: N/A
• Book Value: $20.98 per share
• Price / Book: 0.52

Miscellaneous

• Outstanding Shares: 9,410,000
• Free Float: 9,071,000
• Market Cap: $102.66 million
• Optionable: Not Optionable
• Beta: 1.14